Private Offering Announcement: Sunoco LP has priced a private offering of 1.5 million Series A Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Units at $1,000 each, raising gross proceeds of $1.5 billion, with settlement expected on September 18, 2025.
Use of Proceeds: The proceeds will primarily fund the acquisition of Parkland Corporation and related costs, with additional funds used to reduce borrowings under Sunoco's revolving credit facility prior to the acquisition's closing date.
ET
$16.36+Infinity%1D
Analyst Views on ET
Wall Street analysts forecast ET stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ET is 22.00 USD with a low forecast of 17.00 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
Wall Street analysts forecast ET stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ET is 22.00 USD with a low forecast of 17.00 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Buy
1 Hold
0 Sell
Strong Buy
Current: 16.500
Low
17.00
Averages
22.00
High
25.00
Current: 16.500
Low
17.00
Averages
22.00
High
25.00
BMO Capital
Thanos Moschopoulos
Outperform
maintain
$15
2025-12-11
Reason
BMO Capital
Thanos Moschopoulos
Price Target
$15
2025-12-11
maintain
Outperform
Reason
BMO Capital analyst Thanos Moschopoulos raised the firm's price target on Evertz Technologies to C$15 from C$13.50 and keeps an Outperform rating on the shares.
RBC Capital
maintain
$12 -> $13
2025-12-11
Reason
RBC Capital
Price Target
$12 -> $13
2025-12-11
maintain
Reason
RBC Capital raised the firm's price target on Evertz Technologies to C$13 from C$12 and keeps a Sector Perform rating on the shares.
Morgan Stanley
Overweight
downgrade
$21 -> $19
2025-12-02
Reason
Morgan Stanley
Price Target
$21 -> $19
2025-12-02
downgrade
Overweight
Reason
Morgan Stanley lowered the firm's price target on Energy Transfer LP to $19 from $21 and keeps an Overweight rating on the shares. The firm is updating its price targets for North American Midstream & Renewable Energy Infrastructure stocks under its coverage, the analyst tells investors. While the framework agreement for a Canadian crude oil pipeline project and oil sands carbon capture has been finally reached, there are several unknowns that remain, the firm adds.
Scotiabank
Outperform -> NULL
downgrade
$23 -> $21
2025-11-13
Reason
Scotiabank
Price Target
$23 -> $21
2025-11-13
downgrade
Outperform -> NULL
Reason
Scotiabank lowered the firm's price target on Energy Transfer LP to $21 from $23 and keeps an Outperform rating on the shares. The company is updating its price targets for U.S. Midstream stocks under its coverage, the analyst tells investors. The firm notes Q3 earnings highlighted the natural hedge provided by diversification and scale, as companies with multiple business lines, multi-basin exposure, or having the largest footprint within a basin mitigated the impacts of an uncertain macro and volatile/declining commodity prices.
About ET
Energy Transfer LP owns and operates a diversified portfolios of energy assets in the United States, with more than 140,000 miles of pipeline and associated energy infrastructure. The Company’s strategic network spans 44 states with assets in all of the major United States production basins. Its core operations include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGL) and refined product transportation and terminalling assets; and NGL fractionation. The Company’s segments include intrastate transportation and storage, interstate transportation and storage, midstream, NGL and refined products transportation and services, crude oil transportation and services, investment in Sunoco LP, investment in USA Compression Partners, LP (USAC), and all other. It also owns Lake Charles LNG Company, LLC, its wholly owned subsidiary, which owns an LNG import terminal and regasification facility.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
